The above fact sheets and guides can be found on the ASX website. The ASX Education section provides access to interactive and educational material covering various topics, including Warrants.

Advantages

Some warrants, such as instalments, allow investors to gain the major primary benefits of share ownership including:

Participation in capital movements in the shares

Receipt of dividends and franking credits

Instalment warrants, put simply, are a loan to buy shares without the obligation to repay the loan. You only have to make an initial payment and the final payment is optional and payable at a later date.

Self Managed Superannuation Fund (SMSF) members can use instalments to legally gear their fund.

Disadvantages

Some warrants have features that make them riskier than others.

Time value erosion may adversely affect the price of a warrant even if the underlying instrument moves in the desired direction.

Contact us to seek specific advice about the risks and features of particular warrants.

Contact us

Morgans Sydney Currency House can advise and assist you with trading and investing in warrants. Contact us for more information.